Tag: Odein Ajumogobia
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Local Content Enforcement Bill: If passed into law, will boost job creation in Nigeria – Ajumogobia
…our expectation is a legal framework to strengthen local content in the oil and gas sector and extend the initiative to other sectors – C’ttee Chairman Former Minister of State, Ministry of Petroleum Resources, Odein Ajumogobia on Wednesday said if the Local Content Development Enforcement Bill 2020 is passed into law, it will boost job…
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PIB: A bad law is better than no law, says ex-Petroleum Minister
Mr Odein Ajumogobia, Chairman, Expert Advisory Panel, Nigeria Natural Resource Charter (NNRC), while decrying delay in passage of the Petroleum Industry Bill (PIB) has said a bad law is better as no law at all. TheNewsGuru.com (TNG) reports Ajumogobia, former Minister of State, Petroleum Resources stated this at the NNRC launch of 2019 Benchmark Exercise…
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‘13% derivation has not translated into benefits for local communities’
Based on research, 13% derivation as contained in the Constitution of the Federal Republic of Nigeria has not translated into benefits for local communities in the Niger Delta, as there has been a key violation of the Global Memorandum of Understanding (GMoU). TheNewsGuru.com (TNG) reports this was part of findings reached in the 2019 benchmarking…